Reactions using transition metals as catalysts have emerged as an efficient method in the recent times. However, the selection of solvent plays a crucial role in this regard. Several solvents used traditionally suffer majorly with problems of toxicity; high boiling point etc. leading to drastic reaction conditions. Water being a non‐toxic, non‐inflammable and environmentally benign can replace the hazardous organic solvents in laboratory as well as industry. Maintaining a minimum catalyst loading percentage we can advantageously avail high levels of selectivity. Water was found to be a good solvent medium for several metal catalysed reactions. An intramolecular deprotonation mechanism is followed by the ruthenium (II) catalysts in water; thereby, facilitating the catalytic action of the metal. These studies can help the industrial chemists to utilize water as a solvent for their reactions towards improvement of their waste management procedure. This review mainly focuses on the several recent developments in the above direction.